Pinnacle Financial Partners (PNFP) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PNFP shares.
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7 analysts have issued twelve-month price objectives for Pinnacle Financial Partners' stock. Their PNFP share price targets range from $85.00 to $108.00. On average, they anticipate the company's share price to reach $92.57 in the next year. This suggests a possible upside of 16.4% from the stock's current price.
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Pinnacle Financial Partners' stock was trading at $87.22 on January 1st, 2024. Since then, PNFP shares have decreased by 8.9% and is now trading at $79.50.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our PNFP earnings forecast.

Pinnacle Financial Partners will be holding an earnings conference call on Tuesday, April 23rd at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) announced its earnings results on Wednesday, January, 17th. The financial services provider reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.01. The financial services provider earned $396.34 million during the quarter, compared to analyst estimates of $416.97 million. Pinnacle Financial Partners had a trailing twelve-month return on equity of 9.78% and a net margin of 20.17%. The company's revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company posted $1.76 earnings per share.

Pinnacle Financial Partners declared a quarterly dividend on Tuesday, January 16th. Stockholders of record on Friday, February 2nd will be paid a dividend of $0.22 per share on Friday, February 23rd. This represents a $0.88 annualized dividend and a yield of 1.11%. The ex-dividend date is Thursday, February 1st.
Read our dividend analysis for PNFP.

Pinnacle Financial Partners (NASDAQ:PNFP) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.12%. The dividend payout ratio is 12.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PNFP will have a dividend payout ratio of 11.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PNFP.

ETFs with the largest weight of Pinnacle Financial Partners (NASDAQ:PNFP) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), iShares Focused Value Factor ETF (FOVL), Harbor Corporate Culture Leaders ETF (HAPY), SPDR S&P Regional Banking ETF (KRE), First Trust Financial AlphaDEX Fund (FXO), Direxion Daily Regional Banks Bull 3x Shares (DPST), iShares U.S. Regional Banks ETF (IAT) and SPDR S&P Bank ETF (KBE).

46 employees have rated Pinnacle Financial Partners Chief Executive Officer M. Terry Turner on Glassdoor.com. M. Terry Turner has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle Financial Partners investors own include Franklin Financial Network (FSB), Sandy Spring Bancorp (SASR), NVIDIA (NVDA), Tencent (TCEHY), Boeing (BA), Alibaba Group (BABA), Verizon Communications (VZ), Adobe (ADBE), Advanced Micro Devices (AMD) and General Motors (GM).

Pinnacle Financial Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (4.33%), Artemis Investment Management LLP (0.66%), Allspring Global Investments Holdings LLC (0.28%), Diversified Trust Co (0.11%), Woodmont Investment Counsel LLC (0.11%) and Los Angeles Capital Management LLC (0.06%). Insiders that own company stock include Charles E Brock, Gregory L Burns, Harold R Carpenter, Hugh M Queener, J Harvey White, Joseph C Galante, M Terry Turner, Richard D Callicutt II and Robert A Mccabe Jr.
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Shares of PNFP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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